Transferred-in costs, FIFO method. Refer to the information in Exercise 17-31. Suppose that Trendy uses the FIFO method instead of the weighted-average method in all of its departments. The only changes to Exercise 17-31 under the FIFO method are that total transferred-in costs of beginning work in process on June 1 are $45,000 (instead of $60,000) and total transferred-in costs added during June are $114,000 (instead of $117,000).

Required:
Using the FIFO method. Note that you first need to calculate equivalent units of work done in the current period (for transferred-in costs, direct materials, and conversion costs) to complete beginning work in process, to start and complete new units, and to produce ending work in process.

Answers

Answer 1

Answer:

Beginning work in process $69,000

Transferred in cost $115,000

Direct material 0

Conversion cost $20,000

Ending work in process $272,000

Transferred in cost $159,000

Direct material $27,000

Conversion cost $86,000

Explanation:

FIFO method is the one in which the inventory bought first is used first. Weighted average inventory system determines an average rate for all the inventory purchased and that rate is used for the calculation. Both method are used widely but there will be difference in ending inventory in the two methods.


Related Questions

Identify the opportunity below that could enable an employee to commit fraud. Group of answer choices An employee's spouse loses her job. The company does not have a clear policies and procedures for the employee to follow. The employee is experiencing financial hardship. An employee is upset that he was passed over for a promotion.

Answers

Answer:

The employee is experiencing financial hardship.

Explanation:

Fraud is best understood by the Fraud Triangle: pressure, opportunity and tone. Therefore for fraud to occur there must be pressure felt by employee for lack of funds, where opportunity to commit fraud exists and when the company's tone provides the means to justify employee's fraudulent behaviour.  

In the given question, where an employee's spouse loses her job there is neither any opportunity nor tone of the company to commit fraud.

For the issue where company does not have a clear policies and procedures for the employee to follow, there is tone of the company to commit fraud but there is no pressure nor any opportunity to commit fraud.

The employee is experiencing financial hardship, this is a possible opportunity to commit fraud. As there is pressure and opportunity for the employee to go through it.

In the final option, the fact of being upset does creates a reason for fraud but due to lack of any financial pressure the fraud would not occur.

Suppose that an initial $20 billion increase in investment spending expands GDP by $20 billion in the first round of the multiplier process. Also assume that GDP and consumption both rise by $18 billion in the second round of the process. Instructions: Round your answers to 1 decimal place. a. What is the MPC in this economy

Answers

Answer: 0.9

Explanation:

The marginal propensity to consume (MPC) is calculated by using the formula:

= Change in consumption / Change in income

where,

Change in consumption = $18 billion

Change in income = $20 billion

MPC = Change in consumption / Change in income

= $18 billion / $20 billion

= 0.9

Therefore, MPC is 0.9.

The supply of aged cheddar cheese is inelastic, and the supply of flour is elastic. Both goods are considered to be normal goods by a majority of consumers. Suppose that a large income tax increase decreases the demand for both goods by 10 percent. The change in equilibrium quantity will be:________

a. greater in the aged cheddar cheese market than in the flour market.
b. greater in the flour market than in the aged cheddar cheese market.
c. the same in the aged cheddar cheese and flour markets.
d. unknown without more information.

Answers

Hey bro hey how are you doing I hope you

The grouping of living things according to similar characteristics is ​

Answers

Answer:

see the explanation

Explanation:

A species can be defined as a group of organisms with similar features, and these organisms are capable of breeding and produce fertile offspring. You are probably aware of the fact that horses and donkeys belong to the same kingdom, phylum, class, order, family as well as genus but they are from different species.

Match the terms with their corresponding descriptions.

a. Firms' costs associated with changing their prices
b. When workers respond, not to the purchasing power of their wage, but to the face value of their wage or salary
c. An event that changes the existing productivity and therefore changes the extent to which economic growth occurs
d. Given flexible prices and the existing factors of production, a measure of how much the economy grows
e. Variations in the growth rate from the long-run rate of economic growth real shock business fluctuations

1. Menu Cost
2. Transaction
3. Real
4. Natural Rate of Unemployment
5. Nominal Wage
6. Business Fluctuations
7. Slow Growth Rate
8. Purchasing power Discrepancies

Answers

Answer:

a. Menu cost.

b. Nominal wage of confusion.

c. Real shock.

d. Solow Growth Rate

e. Business Fluctuations.

Explanation:

a. Menu cost: Firms' costs associated with changing their prices.

b. Nominal wage of confusion: When workers respond, not to the purchasing power of their wage, but to the face value of their wage or salary.

c. Real shock: An event that changes the existing productivity and therefore changes the extent to which economic growth occurs.

d. Solow Growth Rate: Given flexible prices and the existing factors of production, a measure of how much the economy grows.

The Solow Growth Model, developed by Robert Solow, a Nobel Prize winning economist. It was the first neoclassical growth model which was was built upon the Keynesian Harrod-Domar model. The modern theory of economic growth is given by the Solow Model.

The equation below gives us the change in capital stock per worker with population growth at rate n;

Δk = sf(k) – (δ + n)k.

Where k: capital stock per worker in period t

s: savings rate

δ: rate of depreciation of capital

n: labor or number of workers

sf(k): savings per capita multiplied by a fraction of income saved.

e. Business Fluctuations: Variations in the growth rate from the long-run rate of economic growth real shock business fluctuations.

what more, could starbucks have done, to maximize it's chances of success with laboulange​

Answers

Answer:

It probably felt like the end of the line last year when Starbucks announced plans to close all 22 La Boulange pastry shops. This was the very same croissant-creating brand that Starbucks CEO Howard Schultz once publicly praised as a key to boosting the quality of Starbucks baked goods.

But for La Boulange founder Pascal Rigo, the store closure wasn’t the end. It was a new beginning. At 56, Rigo is in the midst of making one of fast-casual’s most widely watched reinventions. In Humpty Dumpty-like fashion, he is gluing the broken pieces together again and has opened five stores in the San Francisco Bay Area—with two more on the way—under the name, La Boulangerie de San Francisco.

His grand plans: to reassemble La Boulangerie as a fast-casual powerhouse by opening up some 20 to 40 locations. He also plans to enlarge its 40,000-foot baked goods facility in San Francisco that attracts business from such high-profile retail clients as Costco and, reportedly, Trader Joe’s. While it may not be quite the magnitude of what Chipotle CEO Steve Ells accomplished after buying back Chipotle from McDonald’s, the guy who founded La Boulange has a nice chunk of it back from Starbucks.How is Starbucks diversifying itself by purchasing La Boulange? y increasing its product offerings to include bakery items. How does Starbucks' current market power increase its chances for success in expanding its product offerings to include bakery items?

have a good day/night

may i please have a branlliest

sorry if it wrong

In 1993, Sheffield Company completed the construction of a building at a cost of $2,340,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $69,600 at the end of that time.
Early in 2004, an addition to the building was constructed at a cost of $585,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $23,400.
In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate.
Compute the annual depreciation to be charged, beginning with 2022. (Round answer to 0 decimal places)
Annual depreciation expense—building ___________

Answers

Answer:

Annual depreciation expense is $23,547

Explanation:

In the year 2022 the cost of the building will be written down value.

Using straight line depreciation method :  (Cost - Salvage value ) / Useful life

Depreciation in 1994 = ( 2,340,000 - 69,600 ) / 40 years = 56,760

There is addition construction in year 2004 the carrying value of the building will be :

2,340,000 - ( 56,760 * 20 ) = 1,204,800

Depreciation in 2004 : ( 1,204,800 + 585,000 ) - 23,400 / 30 years = 58,880

Carrying value on 2022 :

1,789,800 - ( 58,880 * 18 years) = 729,960

Depreciation expense in 2022:

729,960 / 31years = $23,547

Superior Inc. is starting a new project. It plans to develop an online platform that allows for 3D printing of online purchases. This would effectively reduce the online purchases' delivery times to minutes. It expects this new product to be a great success and bring rapidly growing profits in the first few years. After that, it expects the competition to kick in which will reduce the growth of annual profits. The dividends on Superior Inc.'s shares will be growing accordingly. Here is the exact schedule of expected future dividends:

Most recently paid dividend is $4.
Expected annual growth rate of dividends for the first 3 years is 50%.
Expected annual growth rate of dividends after that is 10%.
Discount rate for this company is 15%.

Required:
Calculate the price per share of stock of Superior Inc.

Answers

Answer:

P0 = $216.18147448015  rounded off to $216.18

Explanation:

The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

D1, D2, ... , Dn is the dividend expected in Year 1,2 and so on g is the constant growth rate in dividends r is the discount rate or required rate of return

P0 = 4 * (1+0.5) / (1+0.15)  +  4 * (1+0.5)^2 / (1+0.15)^2  +  

4 * (1+0.5)^3 / (1+0.15)^3  + [(4 * (1+0.5)^3 * (1+0.1) / (0.15 - 0.1)) / (1+0.15)^3]

P0 = $216.18147448015  rounded off to $216.18


25 points and brainliest. Dawn works in a car manufacturing factory. She spends her day
assembling the locks for car doors and placing them along an assembly
line. The pathway in the Manufacturing career cluster that Dawn
works in is

Production

Manufacturing Production Process Development

Maintenance, Installation & Repair

Quality Assurance

Answers

Answer:

im pretty sure the answer is "Manufacturing Production Process Development"

Answer:

cool beanzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Explanation:

The following financial information is available on Rawls Manufacturing Company: Current per share market price $48.00 Current per share dividend $3.50 Current per share earnings $6.00 Beta 1.1 Expected rate of return on market 12.0% Risk-free rate 6.0% Expected long-term growth rate 5.0% Rawls can issue new common stock to net the company $44 per share. Determine the cost of external equity capital using the dividend capitalization model approach. (Compute answer to the nearest 0.1%.)

Answers

Answer:

13.4%

Explanation:

Calculation to determine the cost of external equity capital using the dividend capitalization model approach

Using this formula

Cost of external equity capital = (D1/Pnet) + g

Let plug in the formula

Cost of external equity capital =[$3.50(1.05)/$44] + 0.05

Cost of external equity capital= 0.1335 *100

Cost of external equity capital= 13.4%

Therefore the cost of external equity capital using the dividend capitalization model approach is 13.4%

Suppose you want to deposit a certain amount of money into a savings account and then leave it alone to draw interest for the next 10 years. At the end of 10 years you would like to have $10,000 in the account. How much do you need to deposit today to make that happen?

Answers

Answer:

PV= FV / (1 + i)^n

Explanation:

Giving the following information:

Number of periods (n)= 10 years

Future value (FV)= $10,000

We were not provided with the interest rate. I will assume an interest rate of 7% compounded annually.

To calculate the initial investment, we need to use the following formula:

PV= FV / (1 + i)^n

PV= 10,000 / (1.07^10)

PV= $5,083.49

Initial investment= $5,083.49

Which of the following statement(s) is (are) true regarding the variance/standard deviation of a portfolio of two risky securities? I. The lower the coefficient of correlation between securities, the greater the reduction in the portfolio variance. II. There is a linear relationship between the securities' coefficient of correlation and the portfolio variance. III. The standard deviation of the portfolio decreases at an increasing rate as more stocks are added to the portfolio

Answers

Answer:

The degree to which the portfolio variance is reduced depends on the degree of correlation between securities

Explanation:

The variance of a portfolio of 2 risky assets can be equal to zero if the association or connection between the two securities is equal to minus one likewise the investment opportunity set of 2 risky assets shows that all risk-return is an association or combinations of any portfolio of the two securities.

The variance of a portfolio of risky securities is usually said to be the weighted sum of the securities' variances and covariances.

The standard deviation of a portfolio of risky securities is commonly defined as the square root of the weighted sum of the securities' variances and covariances.

The expected return of a portfolio of risky securities is said to be a weighted average of the securities' returns.

Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows:

Junior Pro Striker
Production budget 7,400 units 18,600 units

Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows:

Forming Department Assembly Department
Junior 0.2 hour per unit 0.4 hour per unit
Pro Striker 0.35 hour per unit 0.7 hour per unit

The direct labor rate for each department is as follows:

Forming Department $14 per hour
Assembly Department $12 per hour

Required:
Prepare the direct labor cost budget for July.

Answers

Answer and Explanation:

The preparation of the direct labor cost budget for July month is as follows:

Particulars               Forming Dept             Assembly Dept

Production                    7,400 units               18,600 units

Hours required junior    1,480                            2,960

                                       (7,400 units × 0.2)   (7,400 units × 0.4)

Hours required pro       6,510                         13,020

                                       (18,600 units × 0.35)   (18,600 units × 0.7)

Total hours                      7,990                         15,980

Total hours rate                $14                           $12

Total direct labor cost     $111,860                     $191,760

Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 shares of Lowes Companies, Inc. (LOW) at $30 per share, and 100 shares of Ball Corporation (BLL) at $40 per share. Suppose over the next year Ball Corporation has a return of 12.5%, Lowes Companies has a return of 20%, and Abbott Labs has a return of -10%. The return on your portfolio over the year is:

Answers

Answer:

Portfolio return = 0.035 or 3.5%

Explanation:

The portfolio return is a function of the weighted average of individual stocks' returns that form up the portfolio. The formula to calculate the portfolio return is as follows,

Portfolio return = wA * rA  +  wB * rB  +  ...  +  wN * rN

Where,

w represents the weight of each stock in the portfolior represents the return of each stock

First we need to calculate the investment of each stock,

Abbott = 200 * 50 = $10000

Lowes = 200 * 30 = $6000

Ball = 100 * 40 = $4000

Portfolio return = (10000 / 20000) * -0.10  +  (6000/20000) * 0.20  +  

(4000/20000) * 0.125

Portfolio return = 0.035 or 3.5%

Oriole Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. On January 1, 2022, 1,000, 8%, 5-year, $1,000 bonds dated January 1, 2022, were issued at face value. 2. On July 1, $854,000, 9%, 5-year bonds dated July 1, 2022, were issued at 101. 3. On September 1, $281,000, 7%, 5-year bonds dated September 1, 2022, were issued at 99. Prepare the journal entry to record each bond transaction at the date of issuance.

Answers

Answer:

Transaction 1

Debit : Cash  ($1,000 x 1,000) $1,000,000

Credit : Bond Payable  $1,000,000

Transaction 2

Debit : Cash  ($854,000 x 101.30%) $865,102

Credit : Bond Payable  $865,102

Transaction 3

Debit : Cash  ($281,000 x 99%) $278,190

Credit : Bond Payable  $278,190

Explanation:

On each issuance date recognize a cash inflow and a liability - Bond Payable to the extent of the amount paid on issue.

Joao's Java Jungle sells cups of coffee. Joao pays each of his workers $50 per day while incurring a fixed cost of $100 and a variable input cost of $0.20 per cup of coffee for beans, cream, sugar, and paper cups. What is Joao's total cost per day when he does not hire any workers and does not produce any cups of coffee?

Answers

Answer:

Total cost= $100

Explanation:

Giving the following formula:

Joao pays each of his workers $50 per day while incurring a fixed cost of $100 and a variable input cost of $0.20 per cup of coffee for beans, cream, sugar, and paper cups.

If he does not hire any workers and does not sell a single cup of coffee, his total cost equals his fixed cost.

Total cost= $100

In 2020, Miranda records net earnings from self-employment of $158,500. She has no other gross income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction. In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar. Miranda's self-employment tax is $fill in the blank 1 and sh

Answers

Answer:

Miranda's self-employment tax = $21,320

AGI income tax deduction = $10,660

Explanation:

Particulars                                                    Amount

Net Earnings from Self Employment          $158,500

Taxable Self employment Earnings           $146,374.75

(158,500*92.35%)

Social Security Tax ($137,700*12.4%)         $17,074.80

Medicare Tax ($146,375*2.9%)                   $4,244.88

Self employment Tax = Social Security tax + Medicare tax

Self employment Tax = $17,074.80 + $4,244.88

Self employment Tax = 21,320

Taxpayer are allowed a deduction for AGI of 50% of self-employment tax.

= $21,320*50%

= $10,660

Yuri owns just one ship, he calls it Previt. The ship is worth $25 million dollars. If the ship sinks, Yuri loses $25 million. The probability that it will sink is .02. Yuri's total wealth, including the value of the ship is $50 million. He is an expected utility maximizer with utility U(W) equal to W2. What is the maximum amount that Yuri would be willing to pay in order to be fully insured against the risk of losing his ship

Answers

Answer:

$745,000

Explanation:

Calculation to determine the maximum amount that Yuri would be willing to pay in order to be fully insured against the risk of losing his ship

First step is to calculate the Expected Utility (√W)

Expected Utility = (98% x √$25,000,000) + (2% x √$0)

Expected Utility = $4,900

Second step is to calculate the Fair premium of insurance policy using this formula

Fair premium of insurance policy = Probability of loss x Size of loss

Let plug in the formula

Fair premium of insurance policy = 2% x $25,000,000

Fair premium of insurance policy = $500,000

Third step is to calculate the Maximum premium using this formula

Maximum premium = Maximum utility - Expected Utility²

Let Plug in the formula

Maximum premium = $25,000,000 - $4,900²

Maximum premium = $25,000,000 - $24,010,000

Maximum premium= $990,000

Now let calculate the Maximum amount willing to pay using this formula

Maximum amount willing to pay = (Fair premium + Maximum premium) / 2

Let plug in the formula

Maximum amount willing to pay= ($ 500,000 + $990,000) / 2

Maximum amount willing to pay=$1,490,000/2

Maximum amount willing to pay= $745,000

Therefore the maximum amount that Yuri would be willing to pay in order to be fully insured against the risk of losing his ship is $745,000

In the context of customer benefit packages,__________are those that are not essential to the primary service, but enhance it.
a.
central services
b.
peripheral services
c.
tertiary services
d.
core services

Answers

It is peripheral srrvices

A warranty guarantees that the product sold will be acceptable for the purpose for which the buyer intends to use it.


t or f

Answers

Answer:

True

Explanation:

A warantee is a written assurance that some product or service will be provided or will meet certain specifications.

Hope this helps! <3

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is _____________ and ___________. Thus, the visual appearance would be classified as a public good.

Suppose the college administrators estimate that the beautification initiative will cost $2,040. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 420 students, asking each of them their willingness-to-pay for the beautification project. The average willingness-to-pay, as revealed by the survey, is $12.

The benefit of the beatification initiative, as suggested by the survey, is $ __________ Because the estimated benefit is ____________ than the
cost, the college administrators ______________ undertake the beautification in initiative.

The calculation of the benefit of the beatification initiative relied on the ability of the administrators to accurately capture the true willingness-to-pay of each student.

Which of the following scenarios would cause the survey used by the college administrators to yield misleading willingness-to-pay data? Check all that apply.

a. Students believe that if the initiative does not happen, the funds for the initiative Will not be spent elsewhere.
b. An equal number of male and female students were surveyed.

Answers

Answer:

non rival, non excludable

$5040

greater

will

a. Students believe that if the initiative does not happen, the funds for the initiative Will not be spent elsewhere.

Explanation:

A public good is a good that is non excludable and non rivalrous.

Because a student is enjoying the visual appearance of the campus, another student is not prevented from enjoying the visual appearance of the campus. This means that the beautification initiative is non rivalrous

There is no way to prevent any student from viewing the initiative. This means it is non excludable

Benefit can be calculated using the willingness to pay of student

the price a student is willing to pay would be dependent on the amount of benefit she expects to derive from the project

benefit =  420 x $12 = $5040

The  beautification initiative generates a positive externality

A good  or initiative has positive externality if the benefits to third parties not involved in production is greater than the cost

Because the good  generates positive externality, the initiative should be carried out

If . Students believe that if the initiative does not happen, the funds for the initiative Will not be spent elsewhere, they would quote a lower willingess to pay

On December 31, 2021 Sun Devils Company has outstanding bonds payable with a face value of $700,000, discount on bonds payable of $60,000, and interest payable of $15,000. The bonds mature on January 1, 2025, and interest is payable on a semi-annual basis. What amounts will be reported in the current liabilities section and long-term liabilities section of the balance sheet for these bonds

Answers

Answer:

current liabilities = $75,000

long-term liabilities = $700,000

Explanation:

Current liabilities includes a company`s obligation due for payment within a period of 12 months and long-term liabilities are company's obligation due for payment for period exceeding 12 months.

is an unlevered firm with a total market value of $3,900,000 with 60,000 shares of stock outstanding. The firm has expected EBIT of $220,000 if the economy is normal and $280,000 if the economy booms. The firm is considering a $975,000 bond issue with an attached interest rate of 6 percent. The bond proceeds will be used to repurchase shares. Ignore taxes. What will the earnings per share be after the repurchase if the economy booms

Answers

Answer:

Earnings per share= $3.58

Explanation:

Earnings per share(EPS) = Earnings attributable to share/Number of shares

Price per share = $3,900,000/60,000=$65 per share

The units of shares to be re-purchased with debt proceed

= The proceeds from debt/share price

=$975,000/$65= 15,000

The number of shares outstanding after repurchased = 60,000-15,000= 45,000 units

EBIT                                                     220,000

Less interest (6%×975,000)                 (58,500)

Earnings attributable to shares              151,500

Earnings per share                                151,500/45,000 units=$3.58

Earnings per share= $3.58

Use the following information to answer Questions 12 - 15. Below is selected data for Gertup Corporation as of 12/31/05: Gertup has maintained the same inventory levels throughout 2005. If end of year inventory turnover was increased to 12 through more efficient relationships with suppliers, how much cash would be freed up (pick closest number)

Answers

Answer:

the cash that should be freed up is $267

Explanation:

The computation of the cash that would be freed up is shown below:

As we know that

The inventory turnover is

= Cost of goods sold ÷ average inventory

12 = $14,800  ÷ average inventory

So, the average inventory is 1,233

Now the cash that should be freed up is  

= 1,500 - 1,233

= $267

hence, the cash that should be freed up is $267

During the year, Walt who is self-employed travels from Seattle to Tokyo, Japan, on business. His time was spent as follows: two days travel (one day each way), two days business, and two days personal. His expenses for the trip were as follows (meals and lodging reflect only the business portion): Airfare $3,000 Lodging 2,000 Meals 1,000 Presuming no reimbursement, Walt's deductible expenses are: a.$3,500. b.$6,000. c.$4,500. d.$5,500.

Answers

Answer:

d.$5,500.

Explanation:

The computation of the deductible expense is shown below:

= Airfare + lodging + 50% of meals

= $3,000 + $2,000 + 50% of $1,000

= $3,000 + $2,000 + $500

= $5,500

hence, the deductible expense is $5,500

Here we take 100% of airfare &  lodging but we took 50% for the meals

hence, the option d is correct

Alexa Inc. purchased equipment in 2018 for $50,000 with no residual value. On December 31, 2020, accumulated depreciation using the straight-line method for financial reporting was $15,000. For tax purposes, Alexa uses MACRS depreciation resulting in $35,600 in accumulated depreciation for tax purposes on December 31, 2020. Taxable income was $100,000 for 2020 and the company's tax rate is 25%.

Required:
a. Determine the GAAP basis of equipment (net) on December 30, 2020.
b. Determine the tax basis of equipment on December 30, 2020.

Answers

Answer:

a. $35,000

b. $14,400

Explanation:

The computation is shown below;

a. GAAP basis of equipment (net) is

Purchase equipment $50,000

Less: accumulated depreciation for finnacial reporting -$15,000

Equipment (net) $35,000

b. Tax bais of equipment is

Purchase equipment $50,000

Less: accumulated deprecation for tax purposes - $35,600

Equipment net $14,400

The above should be considered and relevant too

if a bond with a $1,000 par value, 20 years to maturity, and a coupon interest rate of 10% was selling for $1100, then the yield to maturity on that bond is: A. is less than 10% B. is greater than 10% C. is 10% D. cannot be determined g

Answers

Answer:

a

Explanation:

the yield to maturity of a bond is the total return on a bond if the bond is held to maturity. it is the equivalent of the internal rate of return.

If the yield to maturity is greater than the bonds coupon rate the bond is selling at a discount

If the yield to maturity is less than the bonds coupon rate the bond is selling at a premium

If a bond’s coupon rate is equal to its yield to maturity, then the bond is selling at par.

the bond is selling at a premium as 1100 is greater than 1000. Thus, the ytm is less than 10%

The overall cost of your credit (loan) depends on

Answers

The true cost and amount of interest


The closing process is also known as which of the following?
A. Project completion
B. Project postmortem
C. Project wake
D. Project parity

Answers

Answer:

A. Project completion is the answer

plz mark me as brainliest

Answer is : A, project completion
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ABC Company holds a well-diversified portfolio in the amount of $90,000 that has an expected return of 11.0% and a beta of 1.28. It is buying 1,000 shares of DEF Company stock at $10 a share and adding them to its portfolio. DEF Company has an expected return of 13.0% and a beta of 1.50. Currently, the risk free rate is 2.5%, and the stock market return is 8.06%.
What will the beta on the portfolio be after the purchase of the Syngine stock?
a. 1.17
b. 1.29
c. 1.36
d. 1.42
e. 1.23

Answers

The Correct Answer Is E. 1.23
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